There are significantly more shares now compared to when it spiked for Dempsey gas shows, to say it could go to a MC of roughly 300million is just silly.
if there are gas shows then a MC of between 50-100mill could happen based on hype. Which would put us back to 2-3c.
lets also just remember that even though I don't like him nor do I agree with GO that this is a dud, Dempsey WAS a dud even after significant gas shows, so even if they do hit gas, unless it is proven to flow any SP action will be all speculation!
sorry to sound like a 'downer' but to say it'll go to the moon isn't fair to those that read it as gospel.
i own and consider it a buy, but will also sell a bunch if there is a big rise on first gas shows and keep what I do have in reserve to ride to the end. At least that's the plan anyway.
- Forums
- ASX - By Stock
- Ann: Borba Prospective Resource and Operations Update
There are significantly more shares now compared to when it...
-
- There are more pages in this discussion • 307 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XST (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.893M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XST (ASX) Chart |
Day chart unavailable
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online